Rs 2,582 crore order book and 650 per cent returns: This multibagger electric equipment stock bags new order worth Rs 148 crore from NCC, Adani Group and Power Grid!

Shares of the company have gained more than 200 per cent in the last six months.

Transformers and Rectifiers (India) Limited (TRIL) secured a total of Rs. 148.55 crore in orders for transformers and reactors. The largest order, valued at Rs. 72.5 crore, came from NCC Limited for designing, manufacturing, supplying, and installing transformers and reactors for their project. This domestic contract is expected to be completed by January 2026.

The company also received orders from Power Grid Corporation of India (Rs. 55.91 crore) for 765 kV reactors (to be completed within 21 months) and Adani Energy Solutions (Rs. 20.14 crore) for supplying power transformers (to be completed by March 2025). Both these contracts are domestic as well.

Recently, Transformers and Rectifiers (India) Limited (TRIL) has secured a significant order win of Rs. 359 crores. This comprises an export order for transformers valued at Rs. 161 crores from AL Anwaar International and domestic orders totalling Rs. 198 crores from Adani Group and Larsen & Toubro (L&T) Group.

These wins demonstrate TRIL's capabilities in both domestic and international markets. This order inflow strengthens TRIL's position in the transformer manufacturing sector and boosts its future revenue generation. The stock has delivered over 650 per cent returns in one year.

Transformers & Rectifiers (India) Limited has consolidated its position in the Indian Transformer Industry as a manufacturer of a wide range of transformers, which conform to the quality expectations of both the domestic and the international market. The company has an order book of Rs 2,582 crore as of 31 March 2024.

The stock has shown tremendous growth and investors should keep a close eye on this stock.

Disclaimer: The article is for informational purposes only and not investment advice.